About Aspire Systems Development Services Private Limited
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Aspire Systems Development Services Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Aspire Systems International Pte. Ltd. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 October 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2022FTC156232. Its GSTIN is 33AAXCA8256C1ZG (Tamil Nadu).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Krishnan Vaidyanathan and Thirumalai Nambakkam Bhoovarahan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at East Wing 5th Floor Beta Block Old.No.25 Old Mahabalipuram Road Navalur Village, Chennai, Tamil Nadu, India – 600130.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.78 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹5.2 Cr (net margin 9.9%) and EBITDA of ₹7.69 Cr (EBITDA margin 14.6%).
The company has about 183 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aspiresys.com.
Company details
Contact details
Aspire Systems Development Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is aspiresys.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEast Wing 5th Floor Beta Block Old.No.25 Old Mahabalipuram Road Navalur Village, Chennai, Tamil Nadu, India – 600130
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Aspire Systems Development Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Aspire Systems Development Services is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Aspire Systems Development Services Private Limited, buy the company report.
Financials of Aspire Systems Development Services Private Limited
FY 2025 filings availableAspire Systems Development Services Private Limited reported revenue of ₹52.78 Cr (up 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 77% in the latest year. EBITDA rose 49% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹7.69 Cr | ||
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| Net Profit (PAT) | ₹5.2 Cr | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | 14.6% | ||
| Net Profit Margin | 9.9% | ||
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To see the full financial statements and ratios of Aspire Systems Development Services Private Limited, buy the company report.
Board of directors of Aspire Systems Development Services Private Limited
Aspire Systems Development Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan Vaidyanathan Also directs: Telesolar Solutions Private Limited, Pearltri Foods Private Limited, Aspire Systems (India) Private Limited and 4 more | Director | 26 Oct 2022 | 4 Years 0 Months | Current |
| Thirumalai Nambakkam Bhoovarahan Also directs: Bhookanch Business Services LLP, Aspiration Energy Private Limited, Bhusat Foundation and 3 more | Director | 26 Oct 2022 | 4 Years 0 Months | Current |
Auditor
Aspire Systems Development Services Private Limited is audited by Guru Jana & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Guru Jana & Associates | FY 2023 | 218145 |
Shareholding
The shareholding of Aspire Systems Development Services Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Aspire Systems Development Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aspire Systems Development Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aspire Systems Development Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aspire Systems Development Services Private Limited has a workforce of 183 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 183 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Aspire Systems Development Services Private Limited, buy the company report.
GST
Aspire Systems Development Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAXCA8256C1ZG | Tamil Nadu | Active | 04 Jan 2023 |
To see the full GST registrations and return filing status of Aspire Systems Development Services Private Limited, buy the company report.
Recent activity
Aspire Systems Development Services Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Krishnan Vaidyanathan was appointed as Director on 26 Oct 2022.
News
Frequently asked questions
Aspire Systems Development Services is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 October 2022 (4+ years old) and is registered under CIN U72200TN2022FTC156232.
Aspire Systems Development Services has 2 current directors:
- Krishnan Vaidyanathan - Director
- Thirumalai Nambakkam Bhoovarahan - Director
The latest financial statements of Aspire Systems Development Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Aspire Systems Development Services is 33AAXCA8256C1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Aspire Systems Development Services is U72200TN2022FTC156232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aspire Systems Development Services was incorporated on 26 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
Krishnan Vaidyanathan was appointed as Director on 26 Oct 2022. Thirumalai Nambakkam Bhoovarahan was appointed as Director on 26 Oct 2022.
Aspire Systems Development Services can be reached through the website aspiresys.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Aspire Systems Development Services is at East Wing 5th Floor Beta Block Old.No.25 Old Mahabalipuram Road Navalur Village, Chennai, Tamil Nadu, India – 600130.
Aspire Systems Development Services operates in the information technology industry, in the application development and software solutions segment.
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